Custer County Fair Assocation

Analysis

Custer County Fair Assocation is a registered charity in United States, based in Hermosa, SD. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Custer County Fair Assocation reported income of $139k and spending of $113k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $337k to $139k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 45% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Custer County Fair Assocation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within SD. Charities of a similar size with the same main cause include Exposure Project Incorporated ($139k), Thrive Sports ($139k) and Cambridge Youth Lacrosse Inc ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Other salaries and wages came to $9,600. At year end it held assets of $579k against liabilities of $0, net assets of $579k.